After Ethereum’s Sepolia Beacon Chain, what’s next for ETH’s value? - BitcoinEthereumNews.com

EthereumAfter Ethereum‘s Sepolia Beacon Chain, what’s next for ETHs value?06 / 21 / 2022Balita ng Ethereum ng Bitcoin  Ethereum ETH / USD is one of the largest blockchain networks in terms of market capitalization and utility within the spheres of decentralized finance (DeFi) as well as non-fungible tokens (NFTs).  Specifically, due to its smart contract functionality, it has paved the way for a lot of use-cases.  n Naghahanap ka ba ng mabilis na balita, maiinit na tip at pagsusuri sa merkado?n n Pag-sign up para sa Invezz newsletter, ngayon.n n  However, its scalability has been limited by its Proof-of-Work (PoW) consensus mechanism, something the merge to Eth 2.0 aims to resolve.  The Sepolia Beacon Chain as a catalyst for growth  The Sepolia testnet Beacon Chain has gone live and has established the foundation for its merge, which will give Ethereum developers technical insights into what they can expect once the full merge occurs.  It was deployed on June 20, 2022, according to a Twitter post by Nethermind, where they anounced how Ethereums second public testnet chain merge is just around the corner.  Once it ends up merging with its dedicated Beacon Chain, the Sepolia testnet will begin reaching consensus through the utilization of the Proof-of-Stake (PoS) consensus model

2022-06-21Ethereum

Logarithmic Finance (LOG), Ethereum (ETH), And eCash (XEC) - BitcoinEthereumNews.com

EthereumLogarithmic Finance (LOG), Ethereum (ETH), At eCash (XEC)06 / 21 / 2022Balita ng Ethereum ng Bitcoin  In the rapidly evolving cryptocurrency landscape, a few coins stand out as particularly secure and lucrative. In this blog post, well take a look at Logarithmic Finance (LOG), Ethereum (ETH), at eCash (XEC) – three coins with unique features that make them worth keeping an eye on. All of these coins have the potential to be profitable investments in the coming years, so make sure to keep an eye on them!  Logarithmic Finance (LOG) Is the Newest Edition to DeFi   As one of the best possible projects in this field, Logarithmic Finance (LOG) has demonstrated the appeal of DeFi. In particular, it seems to provide much higher values than some of the mid-term investment preferences.  Logarithmic Finance (LOG) offers its investors a special NFT market. This market allows Mga NFT minting at meager fees, thanks to the advantages of the ecosystem. It is stated that all cryptocurrencies and stable coins will be supported in this NFT market.  There is a highly developed code architecture in the ecosystem. It is stated that costs are reduced by eighty percent in all swap transactions. Likewise, the liquidity problem is eliminated thanks

2022-06-21Ethereum

Ukraine sells CryptoPunks NFT donation for 90 ETH, worth over $100K - BitcoinEthereumNews.com

Ethereum Mga NFTUkraine sells CryptoPunks NFT donation for 90 ETH, worth over $100K06 / 21 / 2022Balita ng Ethereum ng Bitcoin  It took cross-border sanctions and an escalating war for the Ukrainian government to realize the importance of cryptocurrencies as it witnessed uninterrupted monetary aid in the form of crypto and nonfungible token (NFT).  In a continued effort to aid the needs of its citizens and the nation, the Deputy Minister of Digital Transformation of Ukraine, Alex Bornyakov, anounced the sale of a CryptoPunks NFT for 90 Ether (ETH) that was received as a donation on April 20, 2022.  Breaking news on crypto donations: # CryptoPunk #5364 has been sold for 90 ETH. Its over $100K. Few months ago this NFT was donated for @_AidForUkraine fund. Crypto community continues to support Ukraine.  — Alex Bornyakov (@abornyakov) Hunyo 20, 2022  The CryptoPunk 5364 NFT was donated to the Tulong Para sa Ukraine campaign by user 0x165cd3 who procured the artwork on March 1, 2022, for 16.19 ETH, which was worth $31,722 at the time. Soon after the NFT was donated to Ukraine, it got a buy offer for 100 ETH worth $288,414 on April 27 — the highest bid it ever received.  Fast forward to June 19,

2022-06-21Ethereum

Will Ethereum Rise - ETH Returns to $1000 After Falling Below $900 - BitcoinEthereumNews.com

EthereumWill Ethereum Rise – ETH Returns to $1000 After Falling Below $90006 / 20 / 2022Balita ng Ethereum ng Bitcoin  After falling below $1,000 over the weekend due to growing economic fears, a weak stock market, and rising inflation, Ethereum saw a price rise on Monday. As of Monday morning, Ethereum was trading near $1,100.  Due to a broader market retreat from risky assets, the price of Ethereum, like Bitcoin, has been extraordinarily volatile in recent weeks.  After a significant inflation report missed expectations and the Federal Reserve raised interest rates by 0.75%, stock markets plummeted substantially, and crypto markets followed suit.  The Ethereum price drop is part of a larger crypto dip, with the cryptocurrency market as a whole shedding more than $1 trillion in just a few months. The values of major tokens have plummeted, including Bitcoin, which has lost 70% of its value since November 2021.  Ethereums Aggressive Drop might Retrace  The Ethereum price hasnt been able to maintain its strong bullish momentum in recent days, as the daily chart shows. Nonetheless, the good news is that the coin is most likely to start moving upwards.  So far in 2022, Ethereum has underperformed bitcoin, which experts believe is due to growing expectations for the

2022-06-21Ethereum

Ethereum(ETH) Price Bounce Maybe Just Another Fake Breakout - BitcoinEthereumNews.com

EthereumEthereum(ETH) Price Bounce Maybe Just Another Fake Breakout06 / 20 / 2022Balita ng Ethereum ng Bitcoin  Ethereums price recently showcased some strength and recorded some short-term bounce that uplifted the price above $1100. However, the false weekend jump that recovered nearly 25% of the losses could all go in vain as the asset is about to drop hard marking new lows very soon. Interestingly, the buyers and the sellers are in the middle of a tough battle for supremacy and the Presyo ng ETH is expected to follow the victor.  The crypto space is still in deep waters and the ETH price is in the bear market as the prices are still trading below the crucial 200-day MA levels. The short-term does display a mounting buying pressure due to which a fake breakout may be expected, but in the longer time frame, the asset is still within the bearish captivity.  The ETH price in the weekly time frame is pretty bearish as it is about to slice through the crucial support at $1133. The flip is not yet validated as the bear continues to mount enough selling pressure upwards. And moreover, compared to the selling volume that has been accumulated over the past

2022-06-20Ethereum

Shiba Inu Now Largest Held Asset After USDC for Ethereum Whales, Price Adds 4% - BitcoinEthereumNews.com

EthereumAng Shiba Inu Ngayon ang Pinakamalaking Hawak na Asset Pagkatapos ng USDC para sa Ethereum Whales, Nagdagdag ang Presyo ng 4%06 / 20 / 2022Balita ng Ethereum ng Bitcoin  Ayon sa WhaleStats data, Shiba Inu is now the largest held crypto asset for the top 100 Ethereum whales after USDC, while Ethereum (ETH) retains the number one spot. According to data provided by the blockchain data tracker, the top 100 ETH whales now hold $423,180,380 worth of Shiba Inu, or 15.55% of their holdings. Circles Stablecoin, USDC, on the other hand, accounts for 18.08%, or $491,815,225 worth.  Sa nakaraang linggo, U. Ngayon reported that the percentage of long-term holders was 19%. This number has increased to 21% as Shiba Inu “hodlers” continue to increase.  Ayon sa Sa Loob‘s holders’ composition by time held, 21% of SHIB holders have held onto their tokens for more than a year, 76% have held within a year, while 3% have held onto their tokens for less than a month. As Shiba Inus population continues to grow, mid-term holders have also been redistributed.  The number of Shiba Inu holders has seen immense growth in recent months, reaching 1,184,559 at press time, according to WhaleStats data.  Shiba Inu dipped to a

2022-06-20Ethereum

Think You’re Down Bad? This Ethereum Wallet Got Liquidated Over 71,800 ETH - BitcoinEthereumNews.com

EthereumThink Youre Down Bad? This Ethereum Wallet Got Liquidated Over 71,800 ETH06 / 20 / 2022Balita ng Ethereum ng Bitcoin  Most investors in the crypto market have been feeling the heat ever since digital assets like Ethereum began their downtrend. Being more than 70% down from its all-time high, its no secret that a good number of investors are held holding Ethereum bags that are currently in the loss. However, there are some that have been hit incredibly hard in this market. Mostly due to the absolutely degenerate positions that they have taken in the market.  Ethereum Wallet Loses 71,863 ETH  With the price of Ethereum falling below $1,000 has come a number of not-so-good implications for those invested in the cryptocurrency. While some have just held the coins and as such have seen the dollar value of their holdings plummet, others have usually taken a riskier route which has led to massive losses for them.  Mga Kaugnay na Pagbabasa | Ang Ethereum Denominated Open Interest ay Lumalakas Habang Bumababa ang Presyo  One of these is a wallet that held more than 71,800 in a collateral position on a decentralized borrowing protocol known as Liquity. The liquidation value for this position had been Ethereum had

2022-06-20Ethereum

What Ethereum use case can make ETH a $500B market-cap asset? Community answers - BitcoinEthereumNews.com

EthereumAnong kaso ng paggamit ng Ethereum ang maaaring gawing $500B market-cap asset ang ETH? Mga sagot ng komunidad06 / 20 / 2022Balita ng Ethereum ng Bitcoin  While Ethers (ETH) price dip over the weekend may have left investors worried about the digital asset, community members on Reddit discussed use cases of the asset that could push its price upward.  In r/Ethereum, a Reddit user tinanong fellow community members how ETH could reach a market capitalization of $500 billion. Criticizing the use of smart contracts for real estate, the Redditor noted that they had not seen a convincing case that could solidify ETHs value, like how Bitcoin (BTC) is viewed as a replacement for gold.  Redditor u/WarhorseLand Inaalok a rebuttal to the original posters perspective on smart contracts and real estate. According to u/WarhorseLand, while there have been no applications yet, the real estate industry can prevent “closing day wire fraud” through the security offered by smart contracts.  Additionally, u/WarhorseLand argued that universal trustless authentication is “the best use case” for smart contracts. The Redditor believes that a use case letting people prove who they are without a doubt could spur positive price action for the digital asset.  Redditor u/SgtHappyPants dinala several use cases, including decentralized

2022-06-20Ethereum

Ethereum Longs Spike – Trustnodes - BitcoinEthereumNews.com

EthereumEthereum Longs Spike – Trustnodes06 / 20 / 2022Balita ng Ethereum ng Bitcoin  Bets on ethereum rising on one of the biggest crypto exchange, Bitfinex, have risen to their highest level since November 2021.  Theyve almost tripled since the begining of this month, with 405,000 eth, worth about half a billion, now going long.  Thats up from ◊130,000 on the 6th of May. Another jump on June the 1st sent it from ◊170,000 to ◊270,000.  As eths price continued to fall, a further spike on the 13th of June increased longs to ◊320,000.  Then the plunge below $1,000 this weekend upped them above ◊400,000 for the first time since ethereum began to fall.  Shorts by comparison have dived lower and lower, from 260,000 eth on the 9th of May to now just ◊22,000.  So the market clearly thinks ethereums price is currently at the lower range, and is even undervalued to some extent.  Few are willing to short here with a longer term view, and the more it falls the more are willing to long in the expectation that eventually theyll be right.  These are Bitfinex longs, so low margin and usually with a calculation of months or sometime even years.  Some of them consider it like taking out a

2022-06-20Ethereum

BTC Taps $20K, ETH Soars 16% Daily and Reclaims $1K (Market Watch) - BitcoinEthereumNews.com

Bitcoin EthereumBTC Taps $20K, ETH Soars 16% Daily and Reclaims $1K (Market Watch)06 / 20 / 2022Balita ng Ethereum ng Bitcoin  After several consecutive days of freefalls and new multi-yearly lows, bitcoin finally bounced off and jumped to and beyond $20,000. The altcoins have also turned green today, with ETH spiking by double digits to north of $1,000.  Ang BTC Taps ay $ 20K  The past week or so didnt go all that well for the primary cryptocurrency, which dropped from over $30,000 to below $20,000 within this timeframe. This past weekend was particularly harmful as BTC slumped below the 2017 all-time high and kept diving to new bottoms.  This culminated in a pagtatambak ng presyo towards $17,500 on Sunday morning, resulting in over $600 milyon ang halaga ng mga pagpuksa from over-leveraged traders.  However, the asset reacted well to this massive correction and new 18-month low. It started to recover some ground in the following hours and is currently hovering at just over $20,000, meaning that it has gained almost $3,000.  As a result, its market capitalization has neared $400 billion, and its dominance over the alts is above 43%.  BTCUSD. Pinagmulan: TradingViewAltcoins See Green, ETH Explodes  The alternative coins suffered just as badly as bitcoin in

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